How Much Does Adoption Cost?
Adoption costs can be confusing to navigate because they vary so much by type of adoption and state. For example, foster care adoption is a very low-cost type of adoption in most states. Typically, international and domestic infant adoption have price tags between $20,000 and $40,000, and are dependent on a plethora of factors.
Because the cost of adoption can be a barrier for families who feel called to adoption, we provide the below resources to help fund your adoption.
Sources of Financial Assistance for Adoptions
Adoption Tax Credits
In recent years, the federal government and several state governments have offered tax credits. It is important to understand the difference between a tax deduction and a tax credit.
- A tax deduction reduces the amount of income on which the government bases your taxes.
- A tax credit is the amount deducted from the taxes you owe.
We cannot give tax advice, so be sure to consult your tax advisor about the availability of any government tax credit (state or federal) and how that credit may benefit you.
Other Adoption Grants and Subsidies:
- If you are active duty personnel in the military, you can qualify for grants and subsidies toward adoption.
- Southern Baptist pastors can also qualify for a grant through The Adoption Fund for Ministers.
- Check with your employer about adoption benefits that may be offered through your workplace.